PBP Options History — June 2009

In June 2009, PBP traded between $18.16 and $18.76. ATM implied volatility averaged 79.8%. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 67.5% (HV 20d: 12.3%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-06-01: Highest Volume — 9 contracts
  • 2009-06-05: Largest IV spike — 197.3% change
  • 2009-06-02: Largest Expected Move — 44.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.55$18.16$18.76$18.65$18.55
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV79.8%24.5%189.6%54.8%47.3%
Expected Move19.6%7.0%44.6%15.7%13.5%
HV 20d12.3%11.1%13.3%11.8%11.1%
HV 60d12.7%12.2%13.2%13.2%12.2%
Term Structure-26.4%-55.5%41.1%-18.2%-28.9%
VWIV47.6%47.6%47.6%47.6%47.6%
Bid-Ask Spread %173.81110.69189.67146.45176.25
Gamma HHI0.560.350.810.810.68
Net GEX-571-1.5K266-834-1.1K
Net DEX11.5K-2.2K29.2K20.3K20.3K
Net VEX-308-367-248-299-248
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.4090990
Total OI97.727921019292

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$18.65$0.0054.8%15.7%11.8%0.0%47.6%0.0%-18.2%-83420.3K-2990.00146.45N/AN/A903161
2009-06-02$18.55$17.50155.4%44.6%11.9%0.0%0.0%0.0%-52.3%-3815.9K-3670.00189.67N/AN/A004061
2009-06-03$18.47$17.5051.3%14.7%12.1%0.0%0.0%0.0%-20.3%-52714.5K-3260.00171.07N/AN/A004061
2009-06-04$18.55$17.5045.5%13.0%12.1%0.0%0.0%0.0%-14.8%-21711.1K-2860.00110.69N/AN/A004061
2009-06-05$18.57$17.50135.2%25.9%12.1%0.0%0.0%0.0%-38.6%-3887.0K-3580.00188.66N/AN/A004061
2009-06-08$18.76$17.50149.0%27.8%12.4%0.0%0.0%0.0%-49.2%89-390-3510.00189.04N/AN/A004061
2009-06-09$18.74$17.50175.4%30.3%12.4%0.0%0.0%0.0%-41.3%95-271-3490.00188.44N/AN/A004061
2009-06-10$18.54$17.50189.6%30.9%13.3%0.0%0.0%0.0%-43.7%2662.3K-3460.00189.67N/AN/A004061
2009-06-11$18.65$17.5084.2%24.1%13.3%0.0%0.0%0.0%-44.1%-4277.7K-3410.00188.44N/AN/A004061
2009-06-12$18.64$17.50112.8%32.3%13.0%0.0%0.0%0.0%-46.4%1941.1K-3420.00187.50N/AN/A004061
2009-06-15$18.64$17.5049.1%14.1%12.6%0.0%0.0%0.0%-16.2%-4429.6K-3170.00184.36N/AN/A004061
2009-06-16$18.59$17.5038.5%11.0%11.1%0.0%0.0%0.0%-24.7%-5677.6K-2890.00173.23N/AN/A004061
2009-06-17$18.74$17.5050.7%14.5%11.3%0.0%0.0%0.0%-26.3%-964.4K-3280.00181.81N/AN/A004061
2009-06-18$18.62$17.5056.0%16.1%11.6%0.0%0.0%0.0%-15.9%-7324.3K-3070.00184.62N/AN/A004061
2009-06-19$18.49$17.50123.1%35.3%11.9%0.0%0.0%0.0%-55.5%-404-2.2K-3230.00188.66N/AN/A004061
2009-06-22$18.18$17.5044.2%12.7%13.0%0.0%0.0%0.0%-21.1%-1.1K26.9K-2750.00182.41N/AN/A003161
2009-06-23$18.16$17.5024.5%7.0%12.9%0.0%0.0%0.0%-6.2%-1.5K29.2K-2550.00139.61N/AN/A003161
2009-06-24$18.32$17.5046.9%13.5%13.2%0.0%0.0%0.0%-21.5%-1.1K24.3K-2700.00181.48N/AN/A003161
2009-06-25$18.44$17.5033.9%9.7%13.1%0.0%0.0%0.0%-9.0%-1.1K22.1K-2670.00146.99N/AN/A003161
2009-06-26$18.55$17.5040.1%11.5%13.1%0.0%0.0%0.0%41.1%-1.1K19.6K-2670.00162.22N/AN/A003161
2009-06-29$18.63$17.5047.2%13.5%11.2%0.0%0.0%0.0%-28.1%-1.0K18.0K-2610.00172.43N/AN/A003161
2009-06-30$18.55$17.5047.3%13.5%11.1%0.0%0.0%0.0%-28.9%-1.1K20.3K-2480.00176.25N/AN/A003161